Run-off

Specialist in a complex segment: experts for Finality & Run-off

In assuming discontinued business, DARAG is the first German insurance company specialised in taking over Run-off of direct insurers and reinsurers to its own balance sheet.

We offer insurers the full assumption of risk from their discontinued business and claims events in some cases lasting for decades on the basis of portfolio transfer. The advantage for insurers: we assume the full claims risk and claims handling. This brings complete balance sheet finality for the transferring insurer, an improved equity ratio and operational relief. At the same time, we guarantee insurance holders professional and non-bureaucratic settlement of claims – a holistic solution that we subsume under “Finality”.

Looking back on over 50 years in the transport, marine, aviation and technical insurance business, as well as in industrial and general property, general liability and other lines of indemnity insurance, we are a professional partner for claims management. Our expertise enables us to be a reliable and fair partner to insurers and insurance holders alike.